AUDUSD
The pair remains in a short-term downtrend due to the still unresolved US-China trade dispute. It may be put under extra pressure after the US employment data is released today.
The price is below the middle Bollinger band, below SMA 5 and SMA 14. RSI is in the oversold zone and is moving horizontally. Stoch are not informative.
Trading recommendations:
The price’s inability to rise above 0.7085 may result in its dropping to 0.7020 or even further down to 0.7000.